1. Assist poor families living in urban depressed areas increase their incomes, overcome unexpected expenses and develop long term projects through the provision of loans, savings, and micro insurance services.
2. Help poor micro-entrepreneurs improve their business skills and ... Read more
1. Assist poor families living in urban depressed areas increase their incomes, overcome unexpected expenses and develop long term projects through the provision of loans, savings, and micro insurance services.
2. Help poor micro-entrepreneurs improve their business skills and self-confidence through the provision of training and business counseling.
3. Support poor families and their relatives with social counseling and referral to relevant organizations. Hide
Background and Main Challenges:
In 2005 the French NGO Entrepreneurs du Monde (EdM) started the project "Chamroeun" aiming at proving financial and non financial services to families living in the capital's depressed urban areas. In February 2009, Chamroeun registered as a Limited Liability Company with the Ministry of ... Read more
In 2005 the French NGO Entrepreneurs du Monde (EdM) started the project "Chamroeun" aiming at proving financial and non financial services to families living in the capital's depressed urban areas. In February 2009, Chamroeun registered as a Limited Liability Company with the Ministry of Commerce and in March 2009 it received the license as a Micro Finance Operator from the National Bank of Cambodia. In August 2011, the full license as a Microfinance Institution was granted by the National Bank of Cambodia. Hide